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My experience and Review of Transferwise

Tranfesring big sum to Overseas?

Hate the services of the bank cause they lack of transparency?

Here's an alternative choice other than bank transfer or bank drafts.

Recently, we needed to make a big transfer from overseas and found out that our bank did not provided a direct transfer to another country. So instead, I headed to Facebook for some advice and low and behold one dude recommend Transferwise where others recommended a triple currency exchange or even smuggling Dollars!

So well, thanks to Transferwise, we totally did not have to smuggle Dollars or worry and not know what's the real exchange rate done by the bank.

Apparently, Transferwise is too good to be True

it exchanges according or exactly the market rate

and the fee taken for amount transfer out less than

300USD

a fee of 3 USD is being charged like10% fee

So, its not that worth if you transfer very little amount based on the higher fee

but you might gain more from the accurate market exchage rate they gave you.

As Banks gives a not so accurate market exchange rate and their is where the rest of

$$ goes into the pocket, which is 5x more than the tiny winie transfer fee.

If you are like me, a person that prefers the Taxi to follow the meter,

prefering the BANKs to be honest and transparent,

which most aren't.

So, why not give Tranferwise a try because we tried by testing out

smaller amount,

and it worked.

So finally, we did the big sum and Thankfully, the exchange rate was super strong

and we gained much more compared to previous years of sucky rates !

When the transaction is being in process, you can even choose

the receipent to sent the email to and he or she

would recieve an email notification of exactly HOW much $$

would be credited to their account in 3 days time.

Not more or less.

Here's an example of the email I got !

which even stated I got RM36 more than Bank transfer.

which really went into my account

and we were so relieved that this was a legit company.

So if you are wondering how legit it is.

Well, I guess we do trust Transferwise very much for now

and If you are worried as well,

just do like how we did first, just transfer the max amount

for the 3dollar fee and give it a try before doing it one lump sum in a go !

Felicia zoe

HI, Im Felicia, a Youtuber, Special-Effect Makeup Artist , Linguist whom loves Batik painting. My blog started as a personal blog but then I gradually find that I enjoy writing reviews on products and sharing my experiences and travel stories with other readers. Feel free to drop me a message, and you can always email me at feliciazoe@live.com..